RE: Vote does not pass for delist ?1 Feb 2023 11:30
Well it depends what their plan is after the failed attempt to delist this....
One, they might say they will keep it on the market, then I think the price will initially rise quite a bit. After that it depends on their longer terms plans....and will it last etc....
Second, they immediately say they want to go for a second vote....then I think the price will also rise but not as much as the uncertainty will still be there. I guess it also depends on the % vote they miss it by. If it's by far then the chances of them getting it a second time around is slim unless they have someone with deep pockets that can buy up stcok, which will also mean a short term gain in share price. .....
In my humble opinion....